Abu Dhabi National Oil Company (ADNOC), and its project partner Cepsa, have announced the awarding of a key contract, as both companies move forward with... Full Story
ADNOC Distribution, the UAE-based fuel and convenience retailer, has announced the start of operations in Saudi Arabia.
The company, a unit of Abu Dhabi National... Full Story
Saudi Arabia’s King Salman has launched a $22 billion project in the Riyadh to improve infrastructure, amenities and education in the region, it was announced... Full Story
Twenty14 Holdings, the hospitality investment arm of the Abu Dhabi-based LuLu Group, is set to start work on a greenfield hotel project in Abu Dhabi,... Full Story
Saudi Aramco and Total recently signed a joint venture agreement to develop a network of fuel and retail services in Saudi Arabia.
The 50:50 JV plans... Full Story
Adnoc Distribution, the UAE-based service station operator, recently said its 2018 net profit increased by 18 percent to AED2.128 billion ($570 million).
Net cash generated... Full Story
The deal has been signed with Andhra Pradesh Capital Region Development Authority in India, and the plant is expected to have a cooling capacity of... Full Story
Shell Iraq recently announced a final investment decision (FID) taken by the Basrah Gas Company (BGC) on its growth programme, which will increase BGC’s current... Full Story
London-based logistics company Quiqup has announced a strategic funding round of US$12.87mn (approx. AED47.3mn) to drive expansion across the MENA region.
The company, which first... Full Story
Bahrain-based Investcorp recently announced that its US-based real estate investment team has acquired eight new multifamily properties.
The portfolio includes 2,510 units for a total purchase... Full Story
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